Galliford Try (LON:GFRD) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Galliford Try Holdings plc (LON:GFRD)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 314 ($3.95) and traded as high as GBX 387.40 ($4.87). Galliford Try shares last traded at GBX 382 ($4.80), with a volume of 62,062 shares traded.

Galliford Try Stock Down 0.3 %

The company has a market capitalization of £381.76 million, a PE ratio of 1,088.57, a P/E/G ratio of 0.90 and a beta of 1.12. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 43.30. The firm has a 50 day simple moving average of GBX 373.72 and a two-hundred day simple moving average of GBX 314.86.

Galliford Try Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 7th were paid a GBX 11.50 ($0.14) dividend. This is a boost from Galliford Try’s previous dividend of $4.00. This represents a yield of 3.83%. The ex-dividend date of this dividend was Thursday, November 7th. Galliford Try’s payout ratio is currently 4,571.43%.

Insiders Place Their Bets

In other news, insider Bill Hocking sold 159,626 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of GBX 327 ($4.11), for a total value of £521,977.02 ($655,997.26). 7.70% of the stock is owned by insiders.

About Galliford Try

Galliford Try Holdings plc, together with its subsidiaries, operates in the construction business in the United Kingdom. It operates through Building, Infrastructure, and PPP Investments segments. The company engages in the construction of buildings for private and public sector clients in health, education, custodial, and defense markets, as well as serves commercial clients.